Once all the information provided, the prospect will have to transfer Margin Money online or Provide a cheque

The Account will be opened in next 15 minutes

Client will receive Trading ID & Password over the SMS & Email

Client will also be provided with a relationship manager to carry out trades

Angel Broking account opening fees

Angel broking offers Trading account as well as DEMAT account. The trading account, as the name suggests, is required for to undertake a trade i.e. to buy or sell shares; whereas, a DEMAT account is required for storing the retained securities.

Herein below is a detailed description of the various fees relevant for these accounts i.e. the account opening fee, the annual maintenance charges and other applicable fee.

Angel Broking Demat Account

The Full service broker offers a free DEMAT account i.e. there is no account opening fee for a DEMAT account. Angel Broking is registered with Central Depository Services Limited (CDSL) and hence CDSL will be the depository participant.

Though there is no opening fee, but Angel Broking recovers an annual fee in form of annual maintenance charges from the DEMAT account holders. AMC is a typical fee which is usually charged by almost all brokerage firms. However, Angel Broking has been running a scheme wherein it offers a lifetime free AMC DEMAT account. In this scheme the investor is required to make an upfront payment of INR 2500. This upfront fee is not for account opening but rather a substitute of annual charges that are to be paid on an annual basis.

Under the other regular scheme, an investor is required to pay INR 450 as AMC on a year on year basis.

Angel Broking AMC or Annual Maintenance Charges

Angel broking AMC charges depends on the amount of margin money a client is adding in his/her trading account. AMC is free for 1 year if the client is paying margin money of INR 25k, AMC is Free for 2 year if the client is paying margin money of INR 50k, Angel broking 3 year free AMC to clients who are paying INR 1 Lakh margin money & AMC charges are free for lifetime if the client is paying INR 3 lakh margin money.

Apart from the account opening and the AMC, these are the following potential charges that an investor may be levied in case of DEMAT account:

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Disclaimer

All Data Displayed on the website have been sourced from the Public Sources. All Logos & Trademarks belongs to their respective owners. All information regarding the stock brokers have been taken either from the public domains or from their respective websites or from their call center & customer care support.